NOT LISTED FOR SALE

247 Claremont Ave Montclair, NJ 07042

Estimated Value: $1,148,000 - $1,488,000

2 Beds
1.5 Baths
3,225 Sq Ft
$386/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $830,000 $257 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,335/month

Highlights

  • Cooling Available
  • Dogs and Cats Allowed
  • Heating Available
  • Hillside School Rated A
  • Washer and Dryer

About This Home

As of June 2022

This very well kept 2 bedroom 1.5 baths apartment is located in the heart of Montclair, NJ. The unit equipped with washer/dryer and all the other appliances. First Floor unit perfectly located and close to Montclair restaurants, major highways, and transportation to NYC. Apartment comes with parking as well.

Last Agent to Rent the Property

Huseyin (Jay) Tatar

Realty One Group Legend Listed on: 03/03/2022

Realty One Group Legend

Last Renter's Agent

Huseyin (Jay) Tatar

Realty One Group Legend Listed on: 03/03/2022

Realty One Group Legend

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,064

Year Built

  • 1926

Lot Details

  • 4,879

Parking

  • 1 Open Parking Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling Available
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,064

Year Built

1926

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Hot Water, Microwave, Ov/Rang/Gs, Refrigerator, Water, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: Cats OK, Dogs OK, Yes
  • Co List Office Phone: (973) 686-7777
  • MLS Status: Leased - Leased
  • Directions: Follow Watchung Ave and Midland Ave to Claremont Ave in Montclair
  • Reso Fireplace Features: None
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 1.0
  • Parking Features: Parking Spaces

Utilities

  • Cooling: Electric
  • Heating: Electric

Lot Info

  • Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Simsek Tuncay
Bought by
247 Claremont Llc
Current Estimated Value
$1,245,962

Purchase Details

Listed on
Sep 16, 2021
Closed on
Dec 30, 2021
Sold by
Tsung George Walter and Tsung Crystal Robin
Bought by
Simsek Tuncay
Seller's Agent
Peter Lee
RE/MAX COMPETITIVE EDGE
Buyer's Agent
Huseyin (Jay) Tatar
REALTY ONE GROUP LEGEND
List Price
$880,000
Sold Price
$830,000
Premium/Discount to List
-$50,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$581,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2017
Sold by
Tusung How Ard and Tsung Gorge Walter
Bought by
Tsung Gorge Walter and Chin Crystal Robin

Purchase Details

Closed on
Dec 6, 2013
Sold by
Tsung Howard and Tsung George
Bought by
Tsung Howard and Tsung George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Fleming Enterprises Llc
Bought by
Tsung Howard and Tsung George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1996
Sold by
Castellano Jeffrey T
Bought by
Cagliano Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.98%

Purchase Details

Closed on
Jul 22, 1994
Sold by
Costello John
Bought by
Apter Jason and Apter Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
247 Claremont Llc -- --
Simsek Tuncay $830,000 Kong Nelson
Tsung Gorge Walter -- None Available
Tsung Howard -- --
Howard Tsung -- --
Tsung Howard -- --
Tsung Howard $487,500 --
Cagliano Madeline $125,000 --
Apter Jason $181,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simsek Tuncay $581,000
Previous Owner Tsung Howard $417,000
Previous Owner Tsung Howard $390,000
Previous Owner Cagliano Madeline $115,000
Previous Owner Apter Jason $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2022 06/15/22 Rented $2,300 0.0% --
03/31/2022 03/31/22 Price Changed $2,300 -4.2% $1 / Sq Ft
03/03/2022 03/03/22 For Rent $2,400 0.0% --
02/10/2022 02/10/22 Sold $830,000 -2.4% $257 / Sq Ft View Prior Sale
11/23/2021 11/23/21 Pending -- -- --
10/13/2021 10/13/21 Price Changed $850,000 -3.4% $264 / Sq Ft
09/16/2021 09/16/21 For Sale $880,000 -- $273 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,064 $623,200 $205,100 $418,100
2024 $21,064 $623,200 $205,100 $418,100
2022 $16,575 $504,100 $205,100 $299,000
2021 $16,287 $504,100 $205,100 $299,000
2020 $16,025 $504,100 $205,100 $299,000
2019 $15,859 $504,100 $205,100 $299,000
2018 $15,597 $504,100 $205,100 $299,000
2017 $14,275 $382,300 $190,100 $192,200
2016 $13,893 $382,300 $190,100 $192,200
2015 $13,480 $382,300 $190,100 $192,200
2014 $13,029 $382,300 $190,100 $192,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22006776

New Jersey MLS

APN: 13-02302-0000-00013